Independent Bank director awarded 810 INDB shares

Lentz Mary L reported acquisition or exercise transactions in this Form 4 filing.

Rhea-AI Filing Summary

Lentz Mary L reported acquisition or exercise transactions in this Form 4 filing.

Independent Bank Corp. director Mary L. Lentz received a grant of 810 shares of Common Stock as restricted stock under the company’s 2018 Non-Employee Director Stock Plan in a transaction exempt under Rule 16b-3(d). The shares vested immediately on the grant date, bringing her direct holdings to 8,497 Common shares. This was a compensation-related award rather than an open-market purchase or sale.

Insider Trade Summary

Grant/Award: 810 shares

Grant/Award 1 txn

Insider Lentz Mary L

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	810	$0.00	$0.00

Holdings After Transaction: Common Stock — 8,497 shares (Direct)

Footnotes (1)

1. F1. Independent Bank Corp. awarded restricted stock to the Filer per the Independent Bank Corp. 2018 Non-Employee Director Stock Plan in a transaction exempt pursuant to Rule 16b-3(d). Shares immediately vested on the date of grant.

Key Figures

Restricted stock grant: 810 shares Post-transaction holdings: 8,497 shares Grant price per share: $0.00 per share

3 metrics

Restricted stock grant 810 shares Common Stock awarded to director on April 10, 2026

Post-transaction holdings 8,497 shares Mary L. Lentz direct Common Stock holdings after grant

Grant price per share $0.00 per share Indicates equity compensation award, not cash purchase

Key Terms

restricted stock, 2018 Non-Employee Director Stock Plan, Rule 16b-3(d), Common Stock

4 terms

restricted stock financial

"Independent Bank Corp. awarded restricted stock to the Filer per the Independent Bank Corp. 2018 Non-Employee Director Stock Plan"

Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.

2018 Non-Employee Director Stock Plan financial

"awarded restricted stock to the Filer per the Independent Bank Corp. 2018 Non-Employee Director Stock Plan"

Rule 16b-3(d) regulatory

"in a transaction exempt pursuant to Rule 16b-3(d). Shares immediately vested on the date of grant"

Rule 16b-3(d) is a narrow SEC safe-harbor that shields company insiders (officers, directors and large shareholders) from liability for short‑swing profits when their buys or sells of company stock are made under a pre-established, written plan or contract that removes the insider’s ability to time trades. For investors, this matters because it permits predictable, automated insider transactions — like scheduled sales for diversification or payroll withholding — without triggering forced disgorgement, so such planned trades are treated differently from opportunistic insider trading.

Common Stock financial

"security_title: "Common Stock""

Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did INDEPENDENT BANK CORP (INDB) disclose for Mary L. Lentz?

Independent Bank Corp. reported that director Mary L. Lentz received a grant of 810 shares of Common Stock. The award was made as restricted stock under the 2018 Non-Employee Director Stock Plan and is compensation-related, not an open-market trade.

How many INDB shares does director Mary L. Lentz hold after this Form 4 transaction?

After the award, Mary L. Lentz directly holds 8,497 shares of Independent Bank Corp. Common Stock. This figure reflects her position immediately following the grant of 810 restricted shares that vested on the grant date under the director stock plan.

Was the Mary L. Lentz INDB stock grant an open-market buy or a compensation award?

The transaction was a compensation-related award, not an open-market purchase. Mary L. Lentz received 810 restricted shares under Independent Bank Corp.’s 2018 Non-Employee Director Stock Plan, with a reported price per share of $0.00, reflecting a grant rather than a cash purchase.

What does Rule 16b-3(d) exemption mean for the INDB director stock grant?

The filing states the restricted stock award is exempt under Rule 16b-3(d). This rule provides an exemption from certain short-swing profit rules for director and officer compensation awards that meet specific plan and approval conditions, treating the grant as a routine equity compensation event.

Did the restricted stock granted to Mary L. Lentz in INDB vest immediately?

Yes. The footnote explains that the restricted stock awarded to Mary L. Lentz under the 2018 Non-Employee Director Stock Plan vested immediately on the grant date. This means she gained full ownership of the 810 shares at the time of the award.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 04/14/2026 - 04:05 PM EDT Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

X

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Lentz Mary L

(Last) (First) (Middle)

C/O INDEPENDENT BANK CORP.

288 UNION STREET

(Street)

ROCKLAND MASSACHUSETTS 02370

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
INDEPENDENT BANK CORP [ INDB ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/10/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	04/10/2026		A		810(1)	A	$0	8,497	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Independent Bank Corp. awarded restricted stock to the Filer per the Independent Bank Corp. 2018 Non-Employee Director Stock Plan in a transaction exempt pursuant to Rule 16b-3(d). Shares immediately vested on the date of grant.

Remarks:

	/s/ Maureen Gaffney, Power of Attorney for Mary L. Lentz	04/14/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)